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SAC CODE - 996922 : Services involving distribution of steam, hot water and air conditioning supply etc.
GST RATE ON SAC CODE - 996922 IS 18%
Services Accounting Codes (SAC Codes) 996922 is used for the Services involving distribution of steam, hot water and air conditioning supply etc. under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Electricity, gas, water and other distribution services.
How Services Accounting Codes (SAC Codes) 996922 - is Derived?
A uniform format is followed to generate the Service Accounting Code.
The first two digits are 99 always for services.
The next two digits 69 represent the major nature of service, Electricity, gas, water and other distribution services in this case.
The next two digits 22 represent the detailed nature of service, Services involving distribution of steam, hot water and air conditioning supply etc. in this case.